Venezuela and Japan Study Petchem Investments

12:35 PM MDT | April 10, 2009 | KARA SISSELL

Venezuelan president Hugo Chávez and the government of Japan have signed 12 agreements to explore energy, infrastructure, and petrochemical projects in Venezuela. Chávez and Japanese Prime Minister Taro Aso announced the agreements during a visit Chávez made to Japan last week. Partnership plans: Chávez and Aso shake hands on slate of energy and chemical projects. The petchem projects include a memorandum of understanding (MOU) between Venezuelan state-owned petchem company Pequiven (Caracas) and Japan’s Marubeni. The MOU covers...